, the real estate marketplace lender, has received a $250 million commitment from large institutional investors that will allow it to expand into commercial mortgages intended to be securitized.

In a press release published last week, the firm said last this funding will allow it to offer two new products to commercial real estate borrowers: one of them is a fixed-rate loan underwritten to CMBS market standards that is priced in the 4% range; the other is a three- to five-year, floating-rate bridge loan with an interest rate in the range of 4% to 6%.

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